Boston Beer Company Inc reports results for the quarter ended in September - Earnings Summary

Boston Beer

26/10/2023 23:24

* Boston Beer Company Inc  SAM.N  reported quarterly
adjusted
earnings of $3.70​​ per share for the quarter ended in
September. The mean expectation of eleven analysts for the
quarter was for earnings of $4.08 per share.
    * Revenue rose 0.9% to $601.60 million from a year ago;
analysts
expected $594.54 million. 
    * Boston Beer Company Inc's reported EPS for the quarter was
$3.70​.
    * The mean earnings estimate of analysts had risen by
about 4.4%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Boston Beer Company Inc shares had fallen by 4.4% this
quarter and gained 13.0% so far this year.
    * The company reported quarterly net income of $45.3
million.
    * Wall Street's median 12-month price target for Boston Beer
Company Inc is $340.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 8
"hold" and 5 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 26 at 10:23 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      4.08           3.70           Missed
 Jun. 30 2023      3.43           4.72           Beat
 Mar. 31 2023      -0.31          -0.73          Missed
 Dec. 31 2022      0.70           -0.93          Missed